Kingsley U N Chikwendu —
The Chief Executive Officer of Strongmas Group, Michael Shobukola has attributed the loss of human capital assets, loss of capital investment in the subsidized public education, to economic uncertainties.
While speaking to Business Day, Shobukola also said that focusing on the advantages of the brain drain situation in the country is imperative, as he reassure those who are still in the country to make use of the available opportunities to fill the available voids left by those who left the country.
“The loss of human capital assets, lost income from the loss of tax of the migrated manpower to foreign countries and the loss of capital invested in the subsidized public education of migrated manpower is largely because of the economic uncertainties and security concerns besieging the country at the moment, he said.
“Unfortunately, this situation has continued to stand as major concerns for most organizations and the government today.
“Focusing on the advantages of the brain drain situation, it is imperative to advise and reassure those of us who are still in the country that increasing opportunities abound for us provided we can strategically skill up and position ourselves to fill the available voids left behind by those leaving and offer greater service towards rebuilding the nation”.
While explaining how the business he heads, Strongmas Group has been able to survive the harsh economic situation in doing business, he also said that the acute foreign exchange scarcity, rising inflation rate and insecurity upsurge across the country vis-à-vis year 2023 election uncertainties has been a major concern for most businesses in the country.
“Amidst these narratives, Strongmas group has continued to stay afloat against all odds via upholding integrity, quality, and customer satisfaction values in all we do, he continued.
“For instance, our priorities at – Strongmas Automobile Limited going forward is to deliver value in line with selling more quality vehicles (European, Japanese & Korean brands) to individual income earners, corporate organizations, and government parastatals leveraging on partnership with banks for flexible payment plans where necessary.
“Also, our robust aftersales workshop services have been positioned to reduce vehicle maintenance/repair cost with a 50% discount plan for all vehicle/fleet owners whenever they visit our ultra-modern workshop.
“For us, the replacement cost of vehicles is high due to instability in FX and auto policies; hence one of our major priorities is to support vehicle owners to prolong the lifespan of their existing vehicles via ensuring consistent maintenance culture at an affordable rate with assured quality service.
Our real estate division – Strongmas Residence & Development Limited has also prioritized the utilization of positive feedbacks and referrals from existing clients which has continued to spur us into starting new quality projects.
On top of our priority list is making sure that we provide the finest development for our clients while considering their peculiar requirements for a high-quality, distinguished, and luxurious lifestyle. We have never lowered our standards, and we don’t have any plans to do so in the future regardless of the prevailing economic challenges. For us, ‘’quality is what remains long after price is forgotten’’.
He also emphasized on access to finance which he said has proven to be a huge challenge to most Nigerian businesses.
“Access to finance has proven to be one of the major challenges faced by most businesses in Nigeria as you will find that there are several intelligent business owners with innovative ideas but are still struggling to access the finance needed to kick start or scale their businesses to the next level.
Strongmas group comprises of Strongmas Residence & Development Limited and Strongmas Automobile Limited. A company with keen interest in the automobile and real estate sectors of the economy. We are renowned for commitment to customer satisfaction and provision of high-quality products and services”
“Our real estate division – Strongmas Residence & Development Limited was incorporated in the year 2020 borne out of the lacuna created by our partnership with some estate development companies as regards quality and project delivery timeline.
In general, as a nation we shall continue to look forward to a stable economy, improvement in security and better government policies after the year 2023 election which will positively impact on the brain drain situation”.